Three tisp to manage your money

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The vast majority of people find it difficult to manage money, since not even in school they teach how to manage it and how we can make it grow, mostly what it teaches you is studying to get a job. At the same time, they have the great mistake of believing that because they do not earn large amounts they should not know money management, if at present they have not had a good administration with small income that makes you think that by having large amounts you can manage your money well. .

Tips to manage your money well

Right mindset

With the right mindset you can manage your money well, what mindset do you have when it comes to managing it properly? Do you stress? Are you bored with managing money? Do you think negatively about money? If you think in this way, you have a wrong mentality, one of shortages, therefore you will always have the feeling that your money does not reach you, that money from one side comes to you, another goes away. You must have a positive mentality, a mentality of abundance if you live in abundance you know that there will be for everything, that God provides what you need. You need to have an adequate mentality in which you can combine with skills that will help you get ahead, to get money.

Make a habit of managing money

When you want to learn to manage your money you must develop a habit of the order of administration from the smallest to growing, not because you earn a dollar a day see that it is little to manage an administration, it is from there that you must learn to manage something small as they are your expenses, if you save? What do you do to multiply them, until each time your profit grows, you can already have a habit and have no problem managing large amounts, because it has already become a habit.

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Knowledge of your expenses

You must have control of where you spend your money, which are those necessary expenses and which are unnecessary ones, even if it is small amounts of money that you earn and you think that it is not enough for you, you must learn to control your expenses, because many times people spend more than they earn, in the end they don't know where their money is going. The money has 4 jobs which are to spend it, save it, invest it and donate it, you should know these words because not only does your money serve to donate it, you can also do the other three that later this will give you benefits. Divide the money this way: 60% for personal expenses, 10% savings, 10% to invest it, 10% to invest in you (knowledge and learning), 5 for fun, 5% for donation.

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Very nice... Anyone that can't save when he has a little, I don't think he can do it when has has more...

It's a habit that needs to cultivated, we need to be contented with what we have, only then can we have a positive mentality which will lead us to a better day..

Make a habit of managing money
When you want to learn to manage your money you must develop a habit of the order of administration from the smallest to growing, not because you earn a dollar a day see that it is little to manage an administration, it is from there that you must learn to manage something small as they are your expenses, if you save? What do you do to multiply them, until each time your profit grows, you can already have a habit and have no problem managing large amounts, because it has already become a habit.

Yeah, exactly and also avoid unnecessary spending, some of us buy things because it's the latest trend or because our friends have it, we believe we should have same too even when we know its irrelevant...

We shouldn't forget investment too, saving money only gives you back your money but investing money gives your money and returns...

Also don't borrow money that you can't pay, also borrow money if you ain't using it to get more money...

@celi130 nice content...


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Great tips. I wish there was more education out there for people to learn how to handle money. It would also be nice if a course on Money Management was taught in schools. Take care.

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